Dec 18, 2012 2:00am PST
in washington with more on what that may be. >> speaker of the house john boehner met with the president on monday. the two discussed what they can do to avoid the fiscal cliff. mr. fwhier p by another put th before the president. in a counteroffer the president proposed to raise taxes on those making 400,000 a year. >> in order to achieve a broad deficit reduction package that puts our economy on a sustainable fiscal path in the future a certain level of revenue cleaned from the wealthy has to be met. the only way to do that was through -- in part rates rising. >> a rough outline of the deal calls for 1 trillion in cuts, one trillion in revenue, immediate down payment and legislative process through next year. in the previous meeting the two sides remain pfar apart on agreement. now they appear to be some what closer to a deal. president obama proposed some of the demands on spending cuts on entitlement program such as curtailing future inflation adjust ams for future recipients of social security. michael steele says any movement away from the unrealistic offer the president has made p
Dec 4, 2012 2:00am PST
attacking it. kelly wright is live in washington with more on this. good morning, kelly. >> good morning to you. the back and forth is continuing in a letter with president obama. american people expect leaders to find fair middle ground with the nation's most pressing challenges. with that they propose is a counter over for the fiscal cliff. the republican plan has will00 billion for tax freerm 900 billion in mandatory spending cuts and 300 billion in discretionary cuts. the proposal falls short of what the president wants and cannot be taken seriously. >>> we understand they don't agree with everything the president has put on the table but we haven't seen alternatives for that. they have spoken about an avenue and that challenge is welcome. republican leaders have been adamant they don't believe rates ought to go up on the top 2 percent of wealthiest americans. the american people overwhelmingly disagree. the rates have to rise and republicans need to acknowledge that. >> the major difference between the two sides is over taxing on the rich. obama wants to raise taxes on the wealthy.
Dec 14, 2012 2:00am PST
over her comments on the benghazi attack. peter doocy is following this story from washington and there are so many angles to this one. good morning, peter. >> there are. ambassador susan rice was never actually nominated for the job of secretary of state but based on statements president obama made in public hefz believed to be a frontrunner for his nomination. she thinks a potential confirmation process would have been lengthy and disruptive so she says she is out. >> i withdrew my name because i think it's the right thing for the country. i think it's the right thing for the president and putting those things together that makes it the right thing for me and my family. >> president obama said while i deeply regret the unfair attacks on susan rice in recent weeks the position demonstrates strength of her character and admirable commitment to rise above the politics at the moment to put our national interests fist. the american people can be proud to have a public servant of her caliber and character representing our country. republican senator lindsay graham says he respects